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Restaurant

Wendy's Ground Lease | New 20-Yr. Absolute NNN

5100 Cortez Rd W, Bradenton (South of Tampa), FL 34210

Listing Price: $3,125,000

Cap Rate
4.00%
Tenant Name
Wendy's
Years Remaining On Lease
20.0
Guarantor
Franchisee Guarantee
Rentable SF
2,399
Lease Type
NNN Ground Lease
Rent Per Square Feet
$52.11

Investment Overview

Marcus & Millichap is pleased to present the Wendy's in Bradenton, Florida.

Investment Highlights

  • 20-Year Absolute NNN Ground Lease, 10% Increases Every 5 Years
  • Exceptional Operator with Strong Financials, Largest Wendy's Franchisee in Florida
  • Wendy's is the #2 Hamburger Chain in the U.S. by Sales
  • Brand New High-Quality Constriction with a Drive-Thru, 90% of System-wide Sales for Wendy's are Generated at the Drive-Thru
  • Serving Over 173,000 Residents in Growing Tampa Suburb, One of the Fastest-Growing Areas in the Country
  • Hard Corner Location at Major Signalized Intersection with 68,300 Cars/Day
  • Dense Retail Corridor, Across from Walmart Supercenter and Down the Street from Home Depot, Lowe's, Publix, Dick's, Hobby Lobby, Best Buy, and More

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Restaurant

Wendy's Ground Lease | New 20-Yr. Absolute NNN

Listing Price: $3,125,000

Cap Rate
4.00%
Tenant Name
Wendy's
Years Remaining On Lease
20.0
Guarantor
Franchisee Guarantee
Rentable SF
2,399
Lease Type
NNN Ground Lease
Rent Per Square Feet
$52.11

Investment Highlights

  • 20-Year Absolute NNN Ground Lease, 10% Increases Every 5 Years
  • Exceptional Operator with Strong Financials, Largest Wendy's Franchisee in Florida
  • Wendy's is the #2 Hamburger Chain in the U.S. by Sales
  • Brand New High-Quality Constriction with a Drive-Thru, 90% of System-wide Sales for Wendy's are Generated at the Drive-Thru
  • Serving Over 173,000 Residents in Growing Tampa Suburb, One of the Fastest-Growing Areas in the Country
  • Hard Corner Location at Major Signalized Intersection with 68,300 Cars/Day
  • Dense Retail Corridor, Across from Walmart Supercenter and Down the Street from Home Depot, Lowe's, Publix, Dick's, Hobby Lobby, Best Buy, and More

Investment Overview

Marcus & Millichap is pleased to present the Wendy's in Bradenton, Florida.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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